Afterward, Walt Disney Studios sent out an update saying the film won't necessarily be coming out in 2016 saying the release is "unset." In other words, Disney doesn't know when they'll be releasing the sequel.

Despite the "Lone Ranger" hiccup, 50-year-old Depp commands not only the successful "Pirates" franchise but also the "Alice in Wonderland" series which brought in more than $1 billion at the box office.

Overall, Disney has a very solid schedule in place for the next few years between its future "Star Wars" films, Marvel projects ranging from "The Avengers 2" to individual superhero stories, and it's successful Pixar movies.